BEL trade ideas
BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?
BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?
BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?
BEL long term AnalysisAny of my investment or trades I share are provided for educational purposes only and do not constitute specific financial, trading or investment advice. This is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.
BEL - The new cat for the bulls. Bharat Electronics, broke the important resistance line. The significant point note is the couple of formations (cup and handle and Inv Head and Shoulder) that it has printed in this journey. Earlier occasion also it did try 120 and corrected towards the 90 handle. Now the higher base is around 108 (for medium term buyers) and near term the 118.00 handle remains as stops. Buy side is preferred as the stock has much higher potential to print (part of the Secular PSU and Make in India movement). Stay Long
BEL Price action BEL seems to come out of box along with making a reverse head and shoulder pattern. Trade with targets of upto 170 , keeping stop loss at level of right shoulder i.e. around 88. The company also seems to improve fundamentally with healthy dividend payout , almost debt free and increased cash flow and assets.
BEL- CMP 118.25BEL- CMP 1.25 - BEL is showing a sort of inverted head and shoulder pattern. With todays upmove it is confirmed. Volumes are also very good. RSI rising MACD rising. Longs can be initiated with SL of 110 for target of 123.5, 130, 140+ This is for educational purpose only and consult your financial expert before investment.
BEL- CMP 114.9BEL- CMP 114.9 - BEL is trading in ascending channel pattern. It has fallen recently from upper end of the channel and taken support at bottom of the channel and is going towards upper end of channel. It can go up to 123 initially and can further move up to 130 levels soon can buy with a sl of 109. This is for educational purpose only and if any trade is done shall be with the advice of financial experts.